tag:blogger.com,1999:blog-7895164153505105997.post732145661809065036..comments2024-01-17T00:45:37.075-08:00Comments on Bud Meyers: A Great Day for Obama and Corporate AmericaBud Meyershttp://www.blogger.com/profile/02065020063363023395noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7895164153505105997.post-66248345437530144932015-06-24T11:43:20.196-07:002015-06-24T11:43:20.196-07:00Congress Admits Jobs will be Lost in Trade Deals
...Congress Admits Jobs will be Lost in Trade Deals<br /><br />http://bud-meyers.blogspot.com/2015/06/congress-admits-jobs-will-be-lost-in.htmlBud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-14726082356849684742015-06-24T10:54:16.354-07:002015-06-24T10:54:16.354-07:00UPDATE:
House Minority Leader Nancy Pelosi (D-Cal...UPDATE:<br /><br />House Minority Leader Nancy Pelosi (D-Calif.) waved the white flag today, telling her caucus she would support "fast-track". Her support all but guarantees that the measure will succeed, thereby handing Obama a major victory on trade.<br /><br />Pelosi and House Democrats were the last obstacle against efforts to grant Obama so-called "fast-track" authority to clear major trade deals. The clean fast-track bill, already passed by the House, is expected to sail through the Senate later Wednesday and then on to Obama's desk. <br /><br />Next, the Senate is supposed to move to pass TAA for displaced workers (who lost jobs from offshoring), which is also attached to an African trade bill, after which it will be sent back to the House. And with Pelosi's support, TAA should have the votes for passage. <br /><br />With fast-track legislation expected to reach Obama's desk Wednesday evening and be signed into law, the public will have only two months to read and understand deals such as the TPP after they are negotiated and before the president signs them. Congress will have to approve the deals as quickly as one month after that, with no changes allowed.<br /><br />http://www.huffingtonpost.com/2015/06/24/pelosi-backs-taa_n_7654954.html<br /><br />* Editors note: It should be noted that TAA (assistance to retrain workers) does apply to white collar workers, and trains them in jobs that pay much less than the jobs they had offshored. Most displaced workers don't benefit from TAA, and the ones that do, benefit very little. It's a BS program. See the post after this for more on the subject.<br /><br />Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.com